Them & Us

Them and us fishes, photo Suzanne Beishon (Click to enlarge)

Bank warns bosses

The head of the Bank of England says "globalisation is associated with low wages, insecure employment" and "staggering wealth inequalities."

Mark Carney made the warning in a speech at Liverpool John Moores University. Carney is highly qualified to comment, as the recipient of an Ł879,000 annual pay package. He also travels the world in luxury on public money.

Meanwhile, six million workers earn less than a living wage, and seven million are in precarious employment.

Carney went on to warn that "turning our backs on open markets would be a tragedy, but it is a possibility." His solution? Well, it includes making multinational corporations "pay tax somewhere."

How about nationalising them - so society, instead of the super-rich, can control what their workers produce? No?

Well, never mind. The Socialist has no doubt corporations have every intention of allowing the politicians they fund to tax them.

Tesco toffs

A Tesco in Edinburgh allegedly makes state school students queue while private students can walk straight in.

The father of a state school student accused the Bruntsfield branch of Tesco Metro of the weird discriminatory practice.

Boroughmuir High School students apparently have to wait outside. Meanwhile, the red-blazered students of Ł11,577-a-year George Watson's College can jump the queue.

The Socialist wonders if local managers are trying to turn their store into some heavy-handed allegory for capitalist society in general. Either way, they should just stop.

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Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.

Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.

We therefore urgently appeal to all our viewers to click here to donate to our Fighting Fund.